Cartier Resources Inc. (TSX-V: ECR) reports additional drill hole intersections grading 23.3 g/t Au over 2.0 m included within 6.6 g/t Au over 13.0 m and 7.8 g/t Au over 3.0 m on the Chimo Mine project is situated 45 Km east of Val-d’Or. The results, intersected at a depth of 1,100 m, extend the Zone 6N1 resource potential an additional 450 m (FIGURE). Zone 6N1, which is 80 m from the underground infrastructure (FIGURE), could be quickly accessible and at low cost with additional mining development work.
The intersections are from two boreholes that are 50 m apart, demonstrating the continuity of the values and the lengths of gold intersections at depth of Zone 6N1. The Zone, which begins at the surface, is continuous at least to a depth of 1,100 m with a high probability of continuing as deep (1.6 km) as seen with Zone 5 below Chimo Mine.
“These results show the quality of gold content and dimensions of the new potential of Zone 6N1.” commented Philippe Cloutier, President and CEO, adding, “this resource potential is in addition to the resource potential remaining within the underground infrastructure as well as that developed along Zones 5 to a depth of 1.6 km below the Chimo Mine sites.”
The details of the new results received from the laboratory are as follows:
Lengths are expressed along drill core axis. The true thickness was not determined.
The Phase II drilling program currently underway (August 28th 2018 press release) and is focused on the resource development potential of 7 peripheral gold zones to the main cluster of Zones 5. This program consists of 40 drill holes totaling 15,000 m.
The reader should view the YouTube VIDEO, available on Cartier’s website. The 3D video helps visualize the different gold-bearing structures on the Chimo Mine property as well as key components that are the mine infrastructures, the gold-bearing zones, the gold intersection areas left unmined as well as the main targets of the ongoing drill program. The gold structure and zone 6N1 is illustrated.
Chimo Mine Project Highlights
Cartier Resources was founded in 2006 and is based out of Val-d’Or, Quebec. Quebec has consistently ranked high as one of the best mining jurisdictions in the world primarily based on its mineral rich geology, attractive tax environment, and pro-mining government. In 2017, the Fraser Institute again ranked Quebec as one of the best jurisdictions in the world for investment attractiveness.
Cartier Investment Highlights
Quality Assurance / Quality Control
All lengths, mentioned in this press release, were measured along the drill core. The NQ core samples are crushed up to 80% passing 8 mesh sieves and then pulverized up to 90% passing a 200-mesh sieve. Cartier inserts 5% of the number of samples in the form of certified standards and another 5% in the form of sterile samples to ensure quality control. The samples are analyzed at the Techni-Lab laboratory (Actlabs), located in Ste-Germaine-Boulé, Quebec. The 50 g pulps are analyzed by fire assay and atomic absorption. For samples containing visible gold, 1,000 g of rock are directly analyzed by the “Metallic Sieve” method.
The scientific and/or technical information presented in this press release has been reviewed and approved by Mr. Gaétan Lavallière, P. Geo., Ph. D. and Vice President for Cartier Resources. Mr. Lavallière is a qualified person as defined by National Instrument 43-101.
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